{"id":4501,"date":"2010-07-09T20:35:21","date_gmt":"2010-07-10T00:35:21","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=4501"},"modified":"2010-07-09T20:35:31","modified_gmt":"2010-07-10T00:35:31","slug":"brewing-up-a-real-stimulus-package","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2010\/07\/09\/brewing-up-a-real-stimulus-package\/","title":{"rendered":"Brewing up a real stimulus package"},"content":{"rendered":"<p>I find it hard to believe that such luminaries as Senator Kerry and Senator Snowe are the moving forces behind this <a href=\"http:\/\/blogs.wsj.com\/economics\/2010\/07\/09\/can-beer-stimulus-hop-up-the-economy\/?mod=e2tw\" target=\"_blank\">tax reduction scheme<\/a>:<\/p>\n<blockquote>\n<p>Can microbreweries revive the economy? That\u2019s the hope of Sen. John Kerry (D., Mass.) and a bipartisan group of senators who are pushing a plan to cut taxes on the nation\u2019s legion of small brewers in hopes of stimulating hiring among craft brewers.<\/p>\n<p>The plan, which was introduced by Sen. Kerry, would lower the per-barrel excise taxes on small breweries\u2019 first two million barrels of beer per year (that\u2019s 62 million gallons) and would triple the size of what the government classifies as a small brewer &mdash; to breweries that produce six million barrels a year from two million currently. Some co-sponsors include Sens. Olympia Snowe (R., Maine) and Ron Wyden (D., Ore.), whose states, not surprisingly, rank high on the list of states with the most breweries per capita.<\/p>\n<p>So-called craft brewers are one of the few industries to thrive through the recession. The segment grew from 7.2% by volume last year and 5.9% in 2008. The segment has even become a haven for budding entrepreneurs that have been let go from corporate jobs. \u201cThere\u2019s not that many success stories in American manufacturing today and craft beer is one of them,\u201d says Jim Koch, founder of The Boston Beer Co. which makes the various Samuel Adams beers. Mr. Koch &mdash; whose company is in Mr. Kerry\u2019s home state &mdash; has been leading the charge for a lowering of the excise tax on small brewers.<\/p>\n<\/blockquote>\n<p>Admittedly I&#8217;m in favour of most tax reductions, but this one <em>in particular<\/em> seems to be a good idea.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I find it hard to believe that such luminaries as Senator Kerry and Senator Snowe are the moving forces behind this tax reduction scheme: Can microbreweries revive the economy? That\u2019s the hope of Sen. John Kerry (D., Mass.) and a bipartisan group of senators who are pushing a plan to cut taxes on the nation\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9,13],"tags":[210,379,118],"class_list":["post-4501","post","type-post","status-publish","format-standard","hentry","category-law","category-usa","tag-beer","tag-stimulus","tag-taxes"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-1aB","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/4501","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=4501"}],"version-history":[{"count":2,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/4501\/revisions"}],"predecessor-version":[{"id":4503,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/4501\/revisions\/4503"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=4501"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=4501"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=4501"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}